Here's Why Good Accounting Makes Sense by Russ Shulman


Posted on Jul 2, 2015


This article was written by an acquaintance of mine who also wrote on of my favorite books, The reckoning.

http://www.politico.com/agenda/story/2015/07/greece-owes-less-than-europe-says-000132

In the article, it is proposed that Greece, an entire country about to file bankruptcy, is going to do so largely in part due to failure to properly follow strict standardized accounting rules. If it can happen to Greece, it can probably happen to any of us, right?